Bill Pulte’s Attack on Fed

Bill Pulte’s attacks on Fed board member Lisa Cook are motivated in part by personal gain.  PulteGroup, which builds Pulte homes, is the third-largest homebuilder in America.  As part of the Pulte family, Bill Pulte stands to benefit from more home sales, which would increase if the Fed reduced interest rates.  Although Pulte’s attack on Cook may be partly because she is a black woman, it may also be because she has voted with Fed Chair Powell to maintain current interest rates, which has kept mortgage rates high and real estate sales low.  Or it may simply be another Trump administration attack on anyone they perceive to be an enemy.  
Pulte has used his position as head of the Federal Housing Finance Agency (FHFA) to personally collect derogatory mortgage information about several senior Democratic officials, including Sen. Adam Shiff, according to the New York Times. He may also be overseeing the privateization of Freddy Mac and Fanny Mae, from which he may also reap a financial benefit.